Karachi, Service Industries Textiles Limited informed Pakistan Stock Exchange that MR. Aamer Hameed has been appointed as Chairman of the company with effect from February 01, 2023 in place of Mr. Ijaz Hameed.
Service Industries Textiles Limited was incorporated in Pakistan in 1962 as a Private Limited Company and was subsequently converted into a Public Limited Company in 1970. The principal activity of the Company is manufacturing and sale of yarn made from raw cotton and synthetic fiber.
The total numbers of shares are 13,787,567. The Earnings per share is (5.63) in 2020 which was 8.34 in 2019. The Profit after Taxation is (25,042,000) in 2020 which was 37,114,000 in 2019.